Nifty Bank Today: Index Ends 0.54% Lower at 56,777.55

Quick sector takeaways

• Nifty Bank ended 310.75 points, or 0.54%, lower at 56,777.55 on 8 September 2026.
• The index closed below its previous close of 57,088.30 after trading between 57,044.00 and 56,720.45 during the session.
• Breadth was evenly split, with seven advancing and seven declining Nifty Bank stocks. ICICI Bank, Axis Bank and HDFC Bank were among the notable decliners, while AU Small Finance Bank led gainers.
• For the next session, market participants can watch whether the index holds near its closing zone and whether the even breadth reading shifts decisively in either direction.

Nifty Bank today: end-of-session wrap

Nifty Bank today finished the session in the red, closing at 56,777.55 against 57,088.30 in the previous session. The 310.75-point decline translated into a 0.54% fall. The index opened at 56,990.40, remained below the previous close through the day, and settled closer to its intraday low than its high.

The session showed pressure at the index level even as the stock-level picture was balanced. Declines in several prominent private-sector banking names coincided with gains in AU Small Finance Bank, Federal Bank, Canara Bank, Yes Bank, Punjab National Bank, State Bank of India and IDFC First Bank. This divergence made the closing outcome weaker for the index despite an equal number of gainers and losers.

The end-of-session reading places Nifty Bank among the weaker NSE sector indices on the day. Readers tracking the broader market alongside banking shares can follow Univest Market View for the day’s market dashboard.

Price snapshot

The index started at 56,990.40 and recorded a day high of 57,044.00. Its day low was 56,720.45, creating an intraday range of 323.55 points. The closing level of 56,777.55 was 57.10 points above the low and 266.45 points below the high. Against the previous close of 57,088.30, the index’s closing change was negative by 310.75 points.

These levels describe the day’s trading path: Nifty Bank moved from an opening below the previous close to a lower finish, while staying within the stated intraday range. The closing value offers the reference point for the next trading session’s opening comparison.

Sector ranking

Nifty Bank was the second top losing sector index among the tracked NSE sector indices on 8 September 2026. Nifty Financial Services, down 0.93%, was the steepest faller, while Nifty Bank’s 0.54% decline was larger than the 0.37% drop in Nifty IT.

Ordered from the strongest gain to the steepest fall, the session’s full sector-index ranking was: Nifty Pharma (+0.77%), Nifty FMCG (+0.35%), Nifty Auto (+0.28%), Nifty Mid Select (+0.15%), Nifty Metal (+0.02%), Nifty IT (-0.37%), Nifty Bank (-0.54%) and Nifty Financial Services (-0.93%). This comparison places banking on the weaker side of the day’s sectoral moves, while several other indices finished higher.

Constituent breadth

Of the 14 Nifty Bank stocks, seven advanced and seven declined, with no unchanged stocks. The advance-decline ratio was therefore 1:1. Such an even split shows that the index’s decline did not come from a broad numerical imbalance between gainers and losers.

Among the seven gainers, AU Small Finance Bank rose 1.97%, Federal Bank gained 0.63%, and Canara Bank added 0.55%. On the declining side, ICICI Bank fell 1.97%, Axis Bank declined 1.67%, Union Bank of India dropped 1.52%, and HDFC Bank was down 1.06%. The mix highlights a divided closing picture across banking shares.

Heavyweights versus broader participation

The key heavyweight names had mixed moves, although several ended lower. HDFC Bank closed 1.06% lower at Rs 703.00, while ICICI Bank declined 1.97% to Rs 1,399.40. Axis Bank fell 1.67% to Rs 1,244.90 and Kotak Mahindra Bank slipped 0.68% to Rs 419.25.

State Bank of India offered a contrasting move, rising 0.21% to Rs 1,008.00. The difference between the moves in these widely tracked banking names and the equal breadth reading is central to understanding the day: gains were present across the index, but the closing index value was lower.

Key Nifty Bank stocks

Biggest positive movers

AU Small Finance Bank topped the gainers with a 1.97% rise to Rs 1,073.70, ending just below its intraday high of Rs 1,074.80. Federal Bank added 0.63% to Rs 344.15, while Canara Bank rose 0.55% to Rs 124.68. Yes Bank gained 0.45% to Rs 22.52 and Punjab National Bank advanced 0.35% to Rs 116.00.

State Bank of India also finished positive, up 0.21%, and IDFC First Bank edged up 0.07%. These advances accounted for the positive half of the index’s balanced breadth reading.

Biggest negative movers

ICICI Bank and AU Small Finance Bank moved by the same magnitude in opposite directions, with ICICI Bank falling 1.97%. Axis Bank followed with a 1.67% decline, while Union Bank of India fell 1.52%. HDFC Bank, Kotak Mahindra Bank, Bank of Baroda and IndusInd Bank also ended lower.

ICICI Bank traded between Rs 1,396.30 and Rs 1,424.90 before closing at Rs 1,399.40. Axis Bank closed at Rs 1,244.90 after touching a low of Rs 1,239.50. These are price observations from the session rather than explanations for the respective moves.

Stocks to watch next session

• ICICI Bank, after its 1.97% decline and close at Rs 1,399.40.
• AU Small Finance Bank, following its 1.97% gain to Rs 1,073.70.
• Axis Bank, which ended 1.67% lower at Rs 1,244.90.
• HDFC Bank, which closed at its intraday low of Rs 703.00.
• State Bank of India, which finished 0.21% higher at Rs 1,008.00.
• Federal Bank, which gained 0.63% to Rs 344.15.

The constructive case

The constructive evidence from the session is the balanced breadth: seven stocks advanced and seven declined. The gainers included AU Small Finance Bank, Federal Bank, Canara Bank, Yes Bank, Punjab National Bank, State Bank of India and IDFC First Bank. Nifty Bank also closed 57.10 points above its intraday low, rather than at the day’s weakest level.

AU Small Finance Bank’s 1.97% advance matched the largest percentage move among the highlighted names, in the positive direction. State Bank of India’s gain added another positive reading among the heavily tracked banking stocks. Together, these outcomes show that upward movement remained present within the index despite the negative close.

The cautious case

The cautious reading is rooted in the index’s 0.54% decline, its close below the previous session’s 57,088.30, and its position as the second steepest sector-index loser of the day. The index opened below the previous close, reached 57,044.00 at its high and ended at 56,777.55.

Several key banking names finished lower, led by ICICI Bank, Axis Bank, Union Bank of India, HDFC Bank and Kotak Mahindra Bank. HDFC Bank’s close at its day low is also a factual point for readers to monitor alongside the index’s next-session movement.

Univest Insights

Nifty Bank today delivered a negative closing result within a session of evenly split breadth. That distinction matters because the index level and the number of advancing stocks pointed in different directions. The final reading was lower, but the underlying session included gains across half of the index’s stocks.

The sector ranking adds context to the move. Banking underperformed Nifty IT and all five positive sector indices listed above it, but it did not fall as much as Nifty Financial Services. The 0.54% decline therefore marked notable relative weakness without being the day’s largest sector-index fall.

For the immediate follow-through, the relationship between the closing level, the session low and breadth will be useful reference points. A shift in the equal seven-to-seven split would offer a clearer stock-level direction, while the index’s position within its next intraday range would update the price picture.

In the next session, watch Nifty Bank’s 56,777.55 closing level alongside whether breadth moves away from the seven advancers and seven decliners reading.

Published on 8 September 2026 at 4:21 PM IST

Frequently asked questions

What was Nifty Bank today’s closing level?

Nifty Bank closed at 56,777.55 on 8 September 2026.

How much did Nifty Bank fall today?

Nifty Bank declined 310.75 points, or 0.54%, from the previous close.

What were Nifty Bank’s day high and day low?

The index recorded a day high of 57,044.00 and a day low of 56,720.45.

What was the previous close for Nifty Bank?

Nifty Bank’s previous close was 57,088.30.

Which Nifty Bank stock gained the most today?

AU Small Finance Bank was the top gainer, rising 1.97% to Rs 1,073.70.

Which Nifty Bank stock fell the most today?

ICICI Bank was the top loser, declining 1.97% to Rs 1,399.40.